By Kevin Woodward@DTPaymentNews Acquirers and processors have until Oct. 14 to prepare their systems for a new range of bank-identification numbers MasterCard Inc. intends to add to its inventory for issuers. Announced in 2014, the move is an attempt to stymie a possible exhaustion of BINs. These numbers are the …

By John Stewart @DTPaymentNews Gift card marketers have dominated the holiday season and other gift-giving occasions in recent years, but now a card is coming to thousands of those checkout-lane racks that will let budding investors buy or give away shares of stock in a favorite company.

By John Stewart @DTPaymentNews For drivers passing through the Chicago area, there’s now an app that will handle payment on the 292-mile-long ribbon of toll roads snaking through 12 counties in Northern Illinois. FastToll, from a Las Vegas-based developer called Pragmistic LLC, arrives just ahead of the Labor Day weekend, …

• Guardian Analytics, a fraud-risk technology vendor, introduced what it says is the industry’s first real-time service to detect fraud in same-day automated clearing house transactions. Same-day ACH is scheduled to begin processing Sept. 23 with ACH credits, leaving some experts concerned that originating and receiving institutions will have less …

By John Stewart @DTPaymentNews It’s no secret the U.S. point of sale is undergoing perhaps the most extensive overhaul in its long and storied history, but now there’s evidence that a crowd of technology startups are sharing in the bounty that sweeping modernization is generating. Point-of-sale startups will likely reap …

Despite the hoopla surrounding EMV acceptance, and the constant promotions from acquirers and payments providers touting EMV-capable equipment, at least one acquirer, Square Inc., continues to believe there is a market for magnetic-stripe readers. A direct-mail piece from Square mailed late last week touts its magnetic-stripe reader along with its …

An acquiring group at heart, the Electronic Transactions Association adapts to changing business models and payments technologies. But has it outgrown its base among grassroots ISOs? Now in its 26th year, the Electronic Transactions Association may be in the midst of one of its most transformative periods yet. The Washington, …

Why skepticism is setting in not just about Bitcoin but also about its underlying technology, the blockchain. Like Beanie Babies and baseball cards, Bitcoin has become a collector’s item, curtailing its usefulness as the faster, cheaper consumer payment method it was developed to be. Out of these adoption delays has …

During the last 20 years, I’ve worked for, consulted for, partnered with, or analyzed hundreds of payments companies and thousands of other firms that are in some way connected with payments companies, either as customers, prospects, or partners. Many of those companies have been highly successful, some explosively so. Others …

Why skepticism is setting in not just about Bitcoin but also about its underlying technology, the blockchain. Like Beanie Babies and baseball cards, Bitcoin has become a collector’s item, curtailing its usefulness as the faster, cheaper consumer payment method it was developed to be. Out of these adoption delays has …